Worth Knowing

Building financingMore financial control over your construction project

When you take out a building loan, a building account is set up for you which is used for settling the running costs of your construction project - for example, payments to architects, construction companies and tradesmen.

Building financing at a glance

Term

Unlimited

Interest rate

Depending on use

Conditions

Available as a building loan or mortgage

Customized financing solution for your construction project

For new construction, conversion or renovation

Payment of construction invoices is handled by UBS

You have more control over all payments made

Building financing or mortgage?

With a building loan, you can finance your construction project in the form of a current account. This means that we guarantee a variable interest loan on your building account. After the construction work has been completed, the building loan is converted for repayment into a mortgage.

If you’d like a mortgage to finance the construction work, you have the following options: payment of the full amount into the building account at the start of the project, or staggered disbursements over the course of the entire construction period. You can freely choose which type of mortgage you want for this purpose. Amortization starts only after the planned completion of the construction work.

Our tip: with a fixed-rate mortgage, you can hedge against rising interest rates.